一道数学题,请解答,多谢! 10
Liam'sgoalistosave$20,000.Whatprincipalinvestedfor5yearsat6%perannum,compoundedsemi-a...
Liam's goal is to save $20,000. What principal invested for 5 years at 6% per annum, compounded semi-annually, then for the next 3 years at 6.5% per annum, compounded quarterly, achieves this goal in 8 years?
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providing principal is x
then in five and a half years, principal wil be x*(1+0.06)^5*(1+0.06/2)
in the next three and a quarter years, principal wil be x*(1+0.06)^5*(1+0.06/2)*(1+0.065)^3*(1+0.065/4)
then save x*(1+0.06)^5*(1+0.06/2)*(1+0.065)^3*(1+0.065/4)-x=20000
x=28,901
then in five and a half years, principal wil be x*(1+0.06)^5*(1+0.06/2)
in the next three and a quarter years, principal wil be x*(1+0.06)^5*(1+0.06/2)*(1+0.065)^3*(1+0.065/4)
then save x*(1+0.06)^5*(1+0.06/2)*(1+0.065)^3*(1+0.065/4)-x=20000
x=28,901
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